Stock Analysis

Aston Martin Lagonda Global Holdings Reports First Quarter 2024 Earnings

LSE:AML
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Aston Martin Lagonda Global Holdings (LON:AML) First Quarter 2024 Results

Key Financial Results

  • Revenue: UK£267.7m (down 9.5% from 1Q 2023).
  • Net loss: UK£138.9m (loss widened by 88% from 1Q 2023).
  • UK£0.17 loss per share.
earnings-and-revenue-growth
LSE:AML Earnings and Revenue Growth May 2nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aston Martin Lagonda Global Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Auto industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are down 10% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Aston Martin Lagonda Global Holdings that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.